5025 Cedar Ave

Cedar Park 19143
MLS# 1003258329
$407,500
5 BEDS ∙ 3 BATHS ∙ 2,700SQFT
Sold 5/17/2017

Property Description

This lovingly maintained triplex is in a great location close to Baltimore Ave. Whether you’re purchasing your first investment property, adding to your real estate portfolio or looking for a living situation where tenants help pay your mortgage, this light-filled quintessential West Philadelphia twin is an ideal option. Currently fully occupied, the building’s leases run through the end of July, giving the new owner a chance to move into one or keep them all rented out—and no matter the case, all utilities are separated, making for easy management. The first-floor unit is a spacious two-bedroom with its own private entrance from the porch and exclusive access to the rear yard. There’s a large open living area with painted hardwood floors that run throughout, good storage and a sweet eat-in kitchen at the rear. The second-floor apartment is a lovely one-bedroom with decorative fireplace and bay window in the main living space, nice-sized bathroom with pedestal sink and hex tile floors and a galley-style kitchen. The bedroom is in the rear; with two entrances, the current tenants have decided to utilize the hallway space as a storage area. The charming third-floor two-bedroom apartment has sweet dormer windows, an eat-in kitchen, a large bathroom and access to the attic. The three units share access to the basement via an exterior side door; there’s a laundry area with utility sink and plenty of space for bike storage. The building is conveniently located close to both Clark Park and Cedar Park, with easy access to the 34 trolley and all the Baltimore Ave businesses, including Mariposa Food Co-op, Gold Standard Café, Green Line Cafe, Dock Street Brewery and the recently opened Booker’s Restaurant and Bar.

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